Cost Accounting Manager at Moderna

Norwood, Massachusetts, United States -

Full Time

Start Date

Immediate

Expiry Date

02 Oct, 26

Salary

174600.0

Posted On

04 Jul, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

SAP S/4HANA, Cost Accounting, Product Costing, Inventory Accounting, Manufacturing Variance Analysis, Hyperion/EPM, Financial Close Processes, Overhead Allocation, Standard Costing, SAP Controlling, Excel Analytics, Internal Controls, Cross-functional Collaboration, Financial Reporting, Process Improvement, Inventory Valuation

Industry

Biotechnology Research

Description

The Role We are seeking an experienced Cost Accounting professional with deep expertise in SAP S/4HANA cost accounting, product costing, overhead allocation, inventory accounting, manufacturing variances, and financial close processes. This role will support critical cost accounting activities across month-end close, annual standard cost processes, inventory consolidation, process order settlement, SKF/activity allocation readiness, and manufacturing cost reporting. The ideal candidate will bring strong SAP cost accounting knowledge, broad accounting experience, Hyperion/EPM reporting skills, and a continuous improvement mindset. This person will partner cross-functionally with Finance, Accounting, Manufacturing, Supply Chain, and IT to ensure cost accounting processes are accurate, controlled, efficient, and aligned with business needs. This person should demonstrate Moderna Leadership Behaviors and Mindsets by acting with urgency, taking ownership, collaborating across functions, simplifying complex processes, challenging the status quo, and driving improvements that strengthen accuracy, controls, and operational efficiency. Here's What You’ll Do • Lead month-end, quarter-end, and year-end cost accounting readiness activities, including inventory consolidation, process order settlement, SKF/activity allocation readiness, manufacturing variance analysis, overhead absorption review, and close-related deliverables. • Serve as a key SAP S/4HANA cost accounting subject matter expert, supporting product costing, cost center accounting, activity allocations, overhead allocations, settlement, inventory valuation, and manufacturing cost flows. • Support the annual standard cost process, including cost roll preparation, activity and overhead rate development, SAP master data validation, and analysis of standard cost changes. • Analyze manufacturing variances, inventory balances, cost absorption, settlement results, allocation outcomes, and related financial impacts. • Partner with Accounting, FP&A, Manufacturing Finance, Supply Chain, Operations, and IT to resolve SAP issues, address close-related blockers, enhance reporting, and strengthen cost accounting processes. • Leverage Hyperion/EPM, Smart View, SAP reporting tools, and Excel-based analytics to support financial reporting, forecasting, variance analysis, and management reporting. • Identify and implement process improvements across SAP cost accounting, inventory close, overhead allocation, master data, reporting automation, and close efficiency. • Support internal controls, audit requests, accounting policy compliance, reconciliations, journal entries, and documentation related to cost accounting and inventory. Here’s What You’ll Need (Basic Qualifications) • Bachelor’s degree in accounting, Finance, Business, or a related field. • Minimum 5 years cost accounting experience in a manufacturing environment, preferably within biotechnology, pharmaceuticals, life sciences, medical devices, or another regulated industry. • Deep hands-on experience with SAP S/4HANA or SAP ECC cost accounting functionality, particularly in Controlling, Product Costing, Cost Center Accounting, and manufacturing cost flows. • Strong understanding of standard costing, inventory valuation, overhead allocation, cost absorption, process order settlement, and manufacturing variance analysis. • Experience with SAP cost objects, cost centers, activity types, statistical key figures, allocation cycles, process orders, production orders, material masters, BOMs, recipes, routings, and cost estimates. • Experience with Hyperion, Oracle EPM, Essbase, Smart View, or similar planning and reporting tools. • Broad knowledge of accounting principles beyond cost accounting, including month-end close, accruals, reconciliations, financial reporting, internal controls, and audit support. • Demonstrated experience supporting SAP-related process improvements, system enhancements, reporting enhancements, or finance transformation initiatives. • Strong analytical, problem-solving, communication, and cross-functional collaboration skills. Here’s What You’ll Bring to the Table (Preferred Qualifications) • CPA, CMA, MBA, or another advanced degree preferred. • Experience in a GMP manufacturing environment. • Experience with SAP Material Ledger, actual costing, product cost planning, cost component structures, allocation cycles, and settlement processes. • Experience supporting annual standard cost cycles, new product costing, manufacturing network changes, site launches, or SAP process optimization initiatives. • Experience partnering with IT or SAP functional teams on configuration, testing, master data governance, reporting, or system implementation projects. • Advanced Excel skills and experience with reporting automation, dashboards, or data visualization tools. Pay & Benefits At Moderna, we believe that when you feel your best, you can do your best work. That’s why our benefits and well-being resources are designed to support you—at work, at home, and everywhere in between. Competitive healthcare, plus voluntary benefit programs to support your unique needs A holistic approach to well-being, with access to fitness, mindfulness, and mental health support Family planning benefits, including fertility, adoption, and surrogacy support Generous paid time off, including vacation, volunteer days, sabbatical, global recharge days, and a discretionary year-end shutdown Savings and investments to help you plan for the future Location-specific perks and extras The salary range for this role is $109,200.00 - $174,600.00. This is the lowest to highest salary we in good faith believe we would pay for this role at the time of this posting. An individual’s position within the salary range will be based on several factors including, but not limited to, specific competencies, relevant education, qualifications, certifications, experience, skills, performance, and business or organizational needs. The successful candidate may be eligible for an annual discretionary bonus, other incentive compensation, or equity award, subject to company plan eligibility criteria and individual performance. About Moderna Since our founding in 2010, we have aspired to build the leading mRNA technology platform, the infrastructure to reimagine how medicines are created and delivered, and a world-class team. We believe in giving our people a platform to change medicine and an opportunity to change the world. By living our mission, values, and mindsets every day, our people are the driving force behind our scientific progress and our culture. Together, we are creating a culture of belonging and building an organization that cares deeply for our patients, our employees, the environment, and our communities. We are proud to have been recognized as a Science Magazine Top Biopharma Employer, a Fast Company Best Workplace for Innovators, and a Great Place to Work in the U.S. If you want to make a difference and join a team that is changing the future of medicine, we invite you to visit modernatx.com/careers to learn more about our current opportunities. Our Working Model As we build our company, we have always believed an in-person culture is critical to our success. Moderna champions the significant benefits of in-office collaboration by embracing a 70/30 work model. This 70% in-office structure helps to foster a culture rich in innovation, teamwork, and direct mentorship. Join us in shaping a world where every interaction is an opportunity to learn, contribute, and make a meaningful impact. Moderna is a smoke-free, alcohol-free, and drug-free work environment. Equal Opportunities Moderna is committed to equal employment opportunity and non-discrimination for all employees and qualified applicants without regard to a person's race, color, sex, gender identity or expression, age, religion, national origin, ancestry or citizenship, ethnicity, disability, military or protected veteran status, genetic information, sexual orientation, marital or familial status, or any other personal characteristic protected under applicable law. Moderna is a place where everyone can grow. If you meet the Basic Qualifications for the role and you would be excited to contribute to our mission every day, please apply! Moderna is an E-Verify Employer in the United States. We consider qualified applicants regardless of criminal histories, consistent with legal requirements. Accommodations We’re focused on attracting, retaining, developing, and advancing our employees. By cultivating a workplace that values diverse experiences, backgrounds, and ideas, we create an environment where every employee can contribute their best. Moderna is committed to offering reasonable accommodations to qualified job applicants with disabilities. Any applicant requiring an accommodation in connection with the hiring process and/or to perform the essential functions of the position for which the applicant has applied should contact the Accommodations team at leavesandaccommodations@modernatx.com. #LI-CK1 - Our Mission and Vision At Moderna we are pioneering the development of a new class of drugs made of messenger RNA (mRNA). This novel drug platform builds on the discovery that modified mRNA can direct the body’s cellular machinery to produce nearly any protein of interest, from native proteins to antibodies and other entirely novel protein constructs that can have therapeutic activity inside and outside of cells. We have a clear mission to propel the field of mRNA science forward and deliver new medicines to patients and a unique vision for how to achieve this mission. Our Mission: To deliver on the promise of transformative messenger RNA (mRNA) science to bring new medicines to patients. Our Vision: To unlock the potential of mRNA by establishing an ecosystem of teams and partners that will work together to develop the broadest possible array of drugs, across diverse therapeutic areas and routes of administration, for serious diseases that are not treatable today. Third Party Staffing Agencies Moderna does not accept unsolicited resumes from any source other than directly from candidates. For the protection of all parties involved in the recruiting process, resumes will only be accepted from recruiters/agencies if a signed agreement is in place at the inception of the recruiting effort and authorized for a specified position. Unsolicited resumes sent to Moderna from recruiters/agencies do not constitute any type of relationship between the recruiter/agency and Moderna and do not obligate Moderna to pay fees if we hire from those resumes. Reasonable Accommodation Notice Moderna will make reasonable accommodations for qualified individuals with known disabilities, in accordance with applicable law. Applicants with disabilities may be entitled to reasonable accommodation under the terms of the Americans with Disabilities Act and certain state or local laws. Please inform the company's personnel representative by calling 617-460-9346 or emailing humanresources@modernatx.com if you need assistance completing any forms or to otherwise participate in the application process. Examples of reasonable accommodation include making a change to the application process or work procedures, providing documents in an alternate format, using a sign language interpreter, or using specialized equipment. Return Home

Responsibilities

Lead month-end and annual cost accounting activities, including inventory consolidation and manufacturing variance analysis. Serve as the SAP S/4HANA subject matter expert to optimize product costing and overhead allocation processes.